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Our Organisation
Just as a film requires substantial behind- the-scenes expertise and infrastructure, ACMI relies on the exceptional capacity of its technology, its people and our world-class facilities to deliver programs that delight and engage our audiences.
48 49 i love acmi, i come to chill out when the world gets to much for me. being a single man i also take people on “dates” to acmi, my mates say i only really like someone once i have taken them to see an acmi exhibit website visitor
Audiences A focus on the development of an increased Technology During 2005-06 significant renegotiations with email direct marketing capacity this year suppliers and vendors has reduced projected has been enormously successful – resulting direct system support costs for 2006-07 by At the core of the changes to ACMI over the Technology underpins virtually all ACMI past year has been an increased focus on our in the number of subscribers to our weekly nearly 15%. Server virtualisation has allowed e-newsletter, relaunched this year in HTML, programs – and behind the scenes, much significant consolidation of hardware needs customers. In 2005-06, a revised and expanded of the operational support needs as well. range of audience development activities have more than doubling. In 2006-07, ACMI will - leading to a 60% reduction in numbers of commence implementation of customer Our technology staff were brought together physical servers required. However, significant set out to attract new visitors, and develop under a new Media Technology unit in 2004- deeper relationships with existing customers. relationship management capacities to provide challenges remain. In 2006-07, an organisation- increased customer insight and enable closer 2005, and the past year has been a period wide media and technology strategy is being targeting of promotional activities. of consolidation and ongoing development. undertaken to address the ongoing renewal For the first time since opening, ACMI has Throughout 2005-06, significant new commenced regular audience research challenge, and to assess ongoing program and A more integrated approach to marketing initiatives were undertaken to support both operational technology needs. activities to better understand our audiences, program and operational improvements. and what is motivating their attendance. and communications activity has been made Through an increased number of affordable possible by the creation of a fully integrated A wide variety of new content was made department, encompassing marketing, Four major exhibition installations have available to the public via the ACMI and family-focussed programs such as TV50, occurred involving significant technology ACMI has begun to build stronger relationships publicity, design, web, corporate and website. While planning towards a full site government relations, created 14 months ago. acquisition, installation and commissioning. redevelopment in 2006-07, we have made with a much broader cross-section of the AV and IT refurbishment of a variety of Victorian public. Since then, ACMI has developed a new logo significant improvements to the navigation and visual identity that better reflects our exhibition spaces was undertaken, including and structure of the site. brand, and has rolled out its implementation a major new installation creating a new ACMI already has strong bonds with a young widescreen entry projection to the Screen and tech-savvy online community – especially across almost all of our signage, marketing and communications outlets. Gallery. Our staging, lighting and AV teams via their participation in our unique education enabled the success of over 120 functions and workshops and computer games programs. events. Similarly, our prime location positions us for substantial audience growth in the tourism ACMI installed and commissioned the Beonic market. ACMI is also more closely targeting People Counting System. This locally produced ACMI attracts crowds of all ages these under-developed audience segments visitor counting solution provides ACMI with through onsite and online initiatives to ensure a sophisticated visitor tracking and reporting future customer growth. system. Installation and commissioning of a new equipment cataloguing and tracking system has enhanced ACMI’s ability to monitor, report and track material assets. We also completed migration of all telecommunication services to the Victorian Government Telecommunications Purchasing and Management Strategy (TPAMS).
50 51 Facilities The ACMI Shop re-opened in April 2006 with People an exciting variety of film, TV, games and During this period of significant change, the ACMI received a $4.0M capital grant from the moving image related postcards, posters, Board Team 2005-06 ACMI team worked hard to deliver excellence in Victorian Government in 2005-06 to redevelop DVDs, videos and books as well as a broad Dr Ziggy Switkowski (President) all areas of the organisation. ACMI continued its visitor facilities. The project included the range of ACMI branded and exhibition related Dr Terry Cutler (President until 31/12/05) the process of realigning the staffing structure re-development of the Federation Square plaza merchandise and catalogues. Annette Blonski with the new organisational priorities. The entrance to incorporate a new information Dan Pearce ACMI Consultative Committee continued to and ticket booth, and the establishment of New premises were leased and fitted out Alan Finney OAM (until 5/5/06) meet throughout the period of this report. commercially beneficial facilities including during the year to relocate ACMI staff that had Peter Doughty There were no days lost as a result of industrial ACMI Lounge and ACMI Shop. been accommodated across a number of sites, Natalie Miller OAM disputes and there was one formal grievance consolidating these sites down to two. The Carolyn Kirby lodged during the reporting period. The new building design has reoriented new premises at Oliver Lane, a short walk from Dion Appel our main entry towards Federation Square. our main site, are able to accommodate 50 Tony Phillips ACMI applies the Code of Conduct for the New external signage and changes to the staff including staff relocated from Federation Victorian Public Sector to its staff. The Code routes through the building, have improved Square and Park Street premises. By mid provides guidance for addressing ethical issues circulation and access, in addition to providing 2006-07, these moves will have both improved Executive Team 2005-06 such as conflict of interest. As a learning more floor space for the relocated box office provision of service to the public by co-locating Tony Sweeney organisation, ACMI continued to offer learning and information facility. Modifications at the these services in the main Federation Square Director/CEO and development opportunities for employees plaza entry also included the installation of an site, and lead to efficiency gains through through access to a diverse range of training airlock. In the coming year, ACMI will continue reduced overheads. Lucy Roffey programs and study leave. In total, 24 training to invest in improve internal wayfinding Commercial and Planning Director programs were offered with a total attendance signage. of 1966 hours. Elly Bloom These building works also included the Marketing and Communications Director development of our retail facilities the ACMI Shop and our café/bar ACMI Lounge. The Gael McIndoe Top: ACMI Lounge ACMI Lounge successfully opened to the public Head of Public Programs Bottom: ACMI Shop during the Commonwealth Games, and served over 10,000 customers in its first 10 days. In Mike Stubbs 2005-06, ACMI began to build its business in Head of Exhibition Programs corporate events to maximise revenue returns from its variety of venues at the same time as Clare Stewart ensuring that programming and partnership Head of Film Programs objectives were maintained. Michael Parry Head of Media Technology (From 24/01/06)
Janet Riley Head of Human Resources
52 53 The membership of the Occupational Health, Over the past year over 190 volunteers have > exhibitions Safety & Environment Committee was contributed to the ACMI Volunteer Program. cultural content & > public programs reviewed which resulted in the election of There are at present 140 active volunteers. projects > film programs > media technology five new Health & Safety representatives. Over the year volunteers have contributed a The inaugural meeting for the newly total of 9652 hours. Volunteers participated formed Committee occurred in April 2006. in front of house and behind the scenes The Committee has commenced the capacities in most areas of the organisation process of reviewing OH&S practices including Exhibitions, Cinemas, Public > marketing across the organisation and overseeing Programs, Visitor Services, Marketing and marketing & > communications communications the implementation of a risk management Collections. > design program whilst continuing to facilitate consultation on OHS&E matters. There were Areas of special contribution included the two new workcover claims and 13 days lost Collections volunteers reaching a ten-year as a result of industrial accidents during the milestone for both volunteering and continuity reporting period. The percentage of sick leave of the 16mm Film Project. The 16mm Film > sponsorship minister for the development & days taken versus ordinary hours increased Project volunteer team was awarded a acmi board director/ceo > philanthropy arts partnerships > grants slightly from 0.020% to 0.021% during the Volunteer Certificate of Appreciation as part reporting period. of the Arts Victoria, Arts Portfolio Leadership Awards. This dedicated group of seven volunteers assess the visual quality of 16mm ACMI continues to offer an Employee prints. Four of these volunteers have been
> visitor services Assistance Program to all employees which working on the project for over ten years. commercial & > facilities aims to provide a range of options to meet Volunteer participation in the Open House operations > trading and ipr the diverse needs of employees in the various weekend was another area of significant stages of their professional and personal contribution. For the Open House weekend 55 lives. ACMI has in place policies aimed at volunteers contributed a total of 366 hours, proactively maintaining a mutually supportive assisting with production activities for visitors. environment which is free from unfair, An ongoing and significant contribution is in > finance and unreasonable or inequitable treatment. ACMI all front of house areas, totalling 5497 hours in planning & administration resources > corporate affairs employs people from a diverse range of cultural the Screen Gallery, Memory Grid, Games Lab, > human resources and linguistic backgrounds, with women Cinemas and Information Desk. comprising 58% of its workforce.
54 55 Performance Summary Notes (Key Performance Indicators) Notes (Summary of Financial Results)
• The first steps of the renewal underway • The increase in Government revenue in in programming and business operations 2005-06 is due to the receipt of $4.0M Key Performance Indicators have shown immediate positive impacts on depreciation equivalent funding for the public profile and visitation. redevelopment of ACMI's visitor facilities at 30 June 2006 30 June 2005 Federation Square. • Active user attendance at ACMI program offers has increased by 20%, up from • Other revenue has increased from the Active visitation 509,558 422,505 422,505 in 2004 to 509,558 in 2005-06. previous year as a result of admissions from Onsite visitation 857,953 845,349 a major ticketed exhibition, and one-off Online visitation 3,657,973 1,682,794 • Website visitation has increased over 100%, grants received for special projects during up from 1,682,794 in 2004-05 to 3,657,973 the Melbourne 2006 Commonwealth in 2005-06. Games.
• The far-reaching investment in ACMI’s • The operating result of $452,049 brand identity, exhibitions, programs and before depreciation and capital funding Summary of Financial Results buildings undertaken in 2005-06 has (depreciation equivalent funding) is a begun to yield encouraging results. ACMI’s more accurate measure of ACMI's financial active visitation - the key measure of performance, as ACMI does not receive 30 June 2006 30 June 2005 30 June 2004 30 June 2003 30 June 2002 core attendances at ACMI’s programs and capital/depreciation equivalent funding $ $ $ $ (6 months) facilities - grew by over 20% in 2005- annually. Consequently ACMI may report an 06. Total building visitation - which also operating loss equivalent to its depreciation State Output Funding includes more casual users of ACMI’s expense in any year this funding is not – Department of Premier and Cabinet 16,995,000 16,674,887 15,843,228 15,911,051 4,845,338 building complex - held at a similar level to received. last year, as ACMI’s architectural novelty as State – Capital Asset Charge 1,634,000 1,113,165 1,416,534 1,344,187 64,451 a major draw for visitors is now maturing. • The result after depreciation and capital State – Depreciation Equivalent Funding 4,345,000 700,000 532,000 4,566,000 3,079,759 Outreach through ACMI’s website usage funding shows a surplus of $394,108 due Other revenue 3,562,130 2,450,255 2,974,517 2,473,078 767,315 grew dramatically, rising by over 115%. mainly to the receipt of the $4.0M funding Total revenue 26,536,130 20,938,307 20,766,279 24,294,316 8,756,863 Visitor satisfaction, measured from which offsets ACMI's depreciation expense Operating surplus/ (deficit) attendees at ACMI’s exhibitions, is running for the year. at ratings of 95-98% positive. before depreciation & capital funding 452,049 733,633 779,340 (1,724,187) (376,444) • The increase in ACMI's cash flow from Result from operating activities operating activities is mainly due to the after depreciation and capital funding 394,108 (3,898,852) (4,079,098) (918,794) 2,365,545 timing of final redevelopment works, with Cash flow from operating activities 4,684,193 2,351,556 (282,043) (636,374) 3,738,303 not all amounts expended by the end of Total assets 29,408,416 28,189,843 31,472,172 37,501,986 28,670,617 the financial year. It is anticipated that the redevelopment works and associated costs Total liabilities 2,621,400 2,151,257 1,534,734 3,845,450 6,923,164 will be fully expended in the first quarter of 2006-07.
56 57 Administrative Reporting e) to make, whether in Victoria or elsewhere, b) subject to this Act, acquire, hold and FREEDOM OF INFORMATION Documents that are maintained in the any item from the collection of moving dispose of real or personal property; possession of ACM include: Requirements images available for study or loan to c) be a member of a body corporate, Contact • Internal working papers of ACMI persons or institutions, subject to any association, partnership, trust or other Principal Officer: Antony Sweeney • Correspondence from ministers and ESTABLISHMENT, FUNCTION AND POWERS conditions that ACMI determines; body; (CEO/Director) members of Parliament, government f) to promote, whether in Victoria or d) form, or participate in the formation Freedom of Information Officer: Jillian McGarry departments and agencies, members of the In performing its functions and exercising its elsewhere, public education and discussion of, a body corporate, association, (Corporate Affairs Coordinator) public and the private sector powers, ACMI is subject to the direction and with reference to the moving image; partnership, trust or other body; • Records relating to accounts control of the Minister. During the period of g) to develop and create, whether in Victoria e) enter into a joint venture with another Access to information under the Freedom of • Personnel and salary records this report, the responsible Minister was Mary or elsewhere, exhibitions of the moving person or other persons; Information Act 1982 may be made in writing • Organisation and accommodation records. Delahunty, Minister for the Arts. image; f) do all things necessary or convenient to: h) to develop and create, whether in Victoria to be done for, or in connection with, a Requests for Access to Documents Film Act 2001 or elsewhere, materials for educational or joint venture in the performance of its Freedom of Information Officer Access to documents (as defined in section 5 The Film Act 2001 established the Australian other programs conducted by ACMI; functions; Australian Centre for the Moving Image of the FoI Act) may only be obtained through Centre for the Moving Image (ACMI) to feature i) to conduct, whether in Victoria or g) accept gifts, grants, bequests and PO Box 14 a request in writing (under section 17 of the FoI and exhibit film, television and multimedia elsewhere, research and development in devises made to it and act as trustee of Flinders Lane Vic 8009. Act) addressed to ACMI’s FoI Officer. programs and to promote public education relation to the moving image; money or other property vested in it on Telephone: (03) 8663 2252 in relation to screen content and culture. The j) to develop relationships or enter into trust; Fax: (03) 8663 2275 Applications should be as specific as possible functions of ACMI as stated in section 23 of partnerships with other organisations, h) provide consultancy and project to enable the FoI Officer to identify relevant the Film Act: including government bodies, whether in management services; This section of the report contains information documents as quickly and efficiently as Victoria or elsewhere, to promote public i) acquire, or enter into agreements or that is required to be published annually possible. A $21.00 FoI application fee should a) to promote and exhibit, whether in Victoria education in relation to the moving image. arrangements with respect to the under Part II of the Freedom of Information accompany each request. From 1 July 2006 this or elsewhere, the moving image to the acquisition of, the copyright, or an Act 1982 (FoI Act). Further information on FoI fee will be increased to $21.50. The application public or to any sector of the public; Section 24 of the Film Act outlines ACMI’s interest in the copyright, in any film, can be obtained from the FoI Act, the various fee may be waived in cases where payment b) to develop, control, manage, operate and powers: television or multimedia program; regulations made under that Act and www.foi. would cause an applicant financial hardship. promote ACMI and any facilities under the j) make available for public use items from vic.gov.au. When an applicant seeks a waiver of this fee, control of ACMI; 1. ACMI has power to do all things necessary the collection of moving images. the request should indicate the grounds on c) to promote, whether in Victoria or or convenient to be done for or in Freedom of Information Services which a waiver is being sought (for example, elsewhere, ACMI as a national centre connection with, or as incidental to, the The Australian Centre for the Moving low income). for the creation and exhibition of the performance of its functions. Image (ACMI) met its responsibilities for moving image and promotion of events or 2. Without limiting sub-section 1, ACMI may, implementing the Government’s Freedom of Assistance in determining the categories activities including festivals, conferences, in connection with the performance of its Information policy. ACMI received and actioned of documents relevant to a request can be publications or exhibitions, where film or functions: 1 request during 2005-06. provided by the FoI Officer. It should be noted other screen-based programs are made, that certain documents are destroyed or seen or discussed; a) enter into contracts, agreements or Making a Request transferred to the Public Records Office in d) to establish, maintain, conserve, develop, arrangements with any person or The FoI Act gives members of the public the accordance with the Public Records Act 1973. promote and exhibit, whether in Victoria or body and do everything, including the right to apply for access to information in elsewhere, the collection of moving images; payment of money, that is necessary documentary form held by ACMI. or expedient for carrying the contracts, agreements or arrangements into effect;
58 59 An applicant may request photocopies of Charges Under the Freedom of Information Act The Australian Centre for the Moving Image Protected Disclosure Co-ordinator The Ombudsman Victoria documents and/or inspect specific documents has not referred any disclosures to the Rupert Burns Level 3, 459 Collins Street at ACMI by arrangement, or by other access Section 22 of the Act outlines the principles Ombudsman for determination as to whether Telephone: 9651 0037 Melbourne Victoria 3000 (DX 210174) arrangements as may be appropriate to the for the levy or waiver of charges required to be they are public interest disclosures during the Internet: www.ombudsman.vic.gov.au application. paid by an applicant to ACMI, before access to year. Protected Disclosure Officers Email:[email protected] a document is given. Charges are: Janet Riley Telephone: (03) 9613 6222 Section 21 of the Act requires that all The Ombudsman has not referred any Telephone (03) 8663 2269 Toll Free: 1800 806 314 reasonable steps be taken to enable an • Photocopy fee - $0.20 per A4 page disclosed matters to the Australian Centre for Email: [email protected] Ombudsman: Dr George Brouwer applicant to be notified of a decision • Search fee - $20 per hour or part thereof the Moving Image during the year. concerning the release of documents as soon • Supervision fee - $5 per 15 minutes or part Gael McIndoe National Competition Policy as practicable. It must be no later than 45 days thereof (where a document is inspected by The Australian Centre for the Moving Image Telephone: (03) 8663 2425 ACMI is committed to competitive neutrality after the day on which the request is received an applicant) has not referred any disclosed matters to the Email: [email protected] principles, which are taken into account in all by ACMI. • Deposits – a deposit of $25 may be required Ombudsman to investigate during the year. activities. if the calculated charge does not exceed Correspondence to: What information is released? $100 or a deposit of 50 per cent of the The Ombudsman has not taken over any Australian Centre for the Moving Image Consultancies ACMI can refuse to release a document if it calculated charge, where that charge investigation of disclosed matters from the PO Box 14 Flinders Lane VIC 8009 During the reporting period ACMI entered contains information that is exempt under exceeds $100. Australian Centre for the Moving Image during into four consultancies each costing less than the FoI Act. Documents can be exempt in the year. All correspondence, phone calls and emails $100,000 (excluding GST). The total cost of full or exempt parts can be deleted with the Some charges may be waived in certain from internal or external whistleblowers these consultancies was $40,315. remainder of the document released. ACMI will circumstances. An example might be where The Australian Centre for the Moving Image will be referred to the Protected Disclosure notify the applicant of his or her appeal rights the applicant is impecunious and the request has made no request under section 74 of Coordinator. There were no consultancy agreements entered if access is denied to a document or to part of concerns access to a document relating to his the Act to the Ombudsman to investigate into during the reporting period for amounts a document. or her personal affairs. disclosed matters during the year; Where a person is contemplating making a greater than $100,000 (excluding GST). disclosure and is concerned about approaching The FoI Act outlines general categories of WHISTLEBLOWERS PROTECTION ACT 2001 The Australian Centre for the Moving Image the protected disclosure coordinator or a Building Act information that are exempt. This includes has not declined to investigate a disclosed protected disclosure officer in the workplace, ACMI does not own any land or buildings and information relating to the personal affairs This section of the report contains information matter during the year. he or she can call the relevant officer and thus has no responsibilities under the Buildings of third parties, information provided in that is required to be published annually under request a meeting in a discreet location away Act 1993. confidence, information that if released section 104 of the Whistleblowers Protection There have been no disclosed matters that from the workplace. might endanger the lives or physical Act 2001 (‘the Act’). were substantiated on investigation. There Disclosure of Major Contacts safety of individuals, Cabinet documents, has been no action required to be undertaken A disclosure about improper conduct or ACMI did not enter into any contracts greater commercial-in-confidence information, internal The current procedures established by the arising from an investigation, since there have detrimental action by the Australian Centre for than $10 million in 2005-06. working documents the release of which would Australian Centre for the Moving Image under been no investigations. the Moving Image or its employees, may also be contrary to the public interest. Section 68 of the Act can be found on page 61 be made directly to the Ombudsman: of this report The Ombudsman has not made any Decisions are made under FoI Act by the Chief recommendation under the Act that relates to Executive Officer or in line with sections 26 and The Australian Centre for the Moving Image the Australian Centre for the Moving Image. 51 of the FoI Act. has received no disclosures during the year.
60 61 Additional information available on request g) A general statement on industrial relations Workforce Data The following information relating to ACMI, within ACMI and details of time lost at 30 June 2005 at 30 June 2006 relevant to the 2005-06 financial year, through industrial accidents and disputes, Male Female Total Male Female Total has been prepared and is available to the which is not otherwise detailed in the Minister, Members of Parliament and the Report of Operations. Executive 1 0 1 1 1 2 public on request (subject to the Freedom h) A list of major committees sponsored by Ongoing 48 61 109 44 60 104 of Information requirements, if applicable). ACMI, the purposes of each committee and Fixed Term 9 11 20 2 17 19 Details about some of the following matters the extent to which the purposes have been Casual 18 16 34 14 6 20 have already been disclosed within this Report achieved. Total Persons 76 88 164 61 84 145 of Operations. Total (Full Time Equivalent) 58.39 61.49 119.88 45.40 65.59 110.99 There were no major external reviews carried a) Declarations of pecuniary interests duly out on the entity during the 2005-06 financial completed by all relevant officers. year. b) Details of publications produced by ACMI Executive Level Staff and Executive Level Vacancies about the activities of ACMI and where they Declaration of Pecuniary Interests can be obtained. All relevant staff completed declarations of at 30 June 2005 at 30 June 2006 c) Details of changes in prices, fees, charges, interest applicable to 2005-2006. rates and levies charged by ACMI for its Executive level employees 1 2 services. Public Administration Act 2004 Vacancies 1 1 d) Details of any research and development In accordance with Section 8 of the Public Total 2 3 activities undertaken by ACMI that are Administration Act 2004, ACMI has established not otherwise covered either in the Report employment processes that will ensure that: of Operations or in a document which contains the financial report and Report of • Employment decisions are based on merit Audit Committee Members Operations. • Employees are treated fairly and reasonably e) Details of overseas visits undertaken • Equal Employment Opportunity is provided The Audit Committee consists of the following non-executive directors: including a summary of the objectives and and outcomes of each visit. • Employees have a reasonable avenue of Peter Doughty (Chair) a) Details of major promotional, public redress against unfair or unreasonable Annette Blonski relations and marketing activities treatment. Dan Pearce undertaken by ACMI to develop community awareness of the services provided by ACMI. f) Details of assessments and measures undertaken to improve the occupational health and safety of employees, not otherwise detailed in the Report of Operations.
62 63 DISCLOSURE INDEX DISCLOSURE INDEX
The Annual Report of the Australian Centre for the Moving Image (ACMI) is prepared in accordance Legislation Requirement Page Reference with all relevant Victorian legislation. This index has been prepared to facilitate identification of ACMI’s compliance with statutory disclosure requirements. Ministerial Directions (continued)
Legislation Requirement Page Reference Financial Statements
Ministerial Directions Financial statements required under Part 7 of the Financial Management Act 1994 Report of Operations SD 4.2(b) Operating Statement 68 SD 4.2(b) Balance Sheet 69 Charter and purpose SD 4.2(a) Statement of Recognized Income and Expense 70 SD 4.2(b) Cash Flow Statement 70 FRD 22A Manner of establishment and relevant Minister 58 SD 4.2(b) Notes to the financial statements 71-99 FRD 22A Objectives, functions, powers and duties 58 SD 4.2(c) Compliance with Australian Accounting Standards 71 FRD 22A Nature and range of services provided 58 and other authoritative pronouncements SD 4.2(c) Compliance with Ministerial Directions 71 Management and structure SD 4.2(c) Accountable officer’s declaration 66 SD 4.2(d) Rounding of amounts 75 FRD 22A Organisational structure 54 SD 4.2(e) Recommended by the responsible body 66 SD 4.2(f) Model financial report 68-70 Financial and other information Other disclosures in notes to the financial statements FRD 22A Statement of workforce data and application of employment 63 and conduct principles FRD 11 Disclosure of ex-gratia payments 91 FRD 22A Summary of financial results for the year 56 FRD 21A Responsible person and executive officer disclosures 88-90 FRD 22A Significant changes in financial position during the year 56 FRD 22A Operational and budgetary objectives and performance against objectives 56 FRD 22A Subsequent events N/A Legislation FRD 22A Application and operation of Freedom of Information Act 1982 59-60 FRD 22A Compliance with building and maintenance provisions of Building Act 1993 61 Film Act 2001 58 FRD 22A Statement on National Competition Policy 61 Freedom of Information Act 1982 59-61 FRD 22A Application and operation of the Whistleblowers Protection Act 2001 60-61 Whistleblowers Protection Act 2001 60-61 FRD 22A Details of consultancies over $100,000 60 Financial Management Act 1994 71 FRD 22A Details of consultancies under $100,000 60 Audit Act 1994 79, 100 FRD 12A Disclosure of major contracts 60 FRD 22A Statement of availability of other information 61 FRD 22A Occupational health and safety 55 FRD 15A Executive officer disclosures 63 FRD 10 Disclosure index 64-65
64 65 Financial Statements Declaration
We certify that the attached financial statements for ACMI have been prepared in accordance with standing Direction 4.2 of the Financial Management Act 1994, applicable Financial Reporting Directions, Australian Accounting Standards and other mandatory professional reporting requirements.
We further state that, in our opinion, the information set out in the Operating Statement, Balance Sheet, Statement of Recognised Income and Expense, Cash Flow Statement and notes to and forming part of the financial statements, presents fairly the financial transactions during the year ended 30 June 2006 and financial position of ACMI at 30 June 2006.
We are not aware of any circumstance which would render any particulars included in the financial statements to be misleading or inaccurate.
Peter Doughty Board Member
Antony Sweeney Chief Executive Officer
Lucy Roffey Commercial and Planning Director 66 67 operating statement for the financial year ended 30 june 2006 balance sheet as at 30 june 2006
Notes 30 June 06 30 June 2005 Notes 30 June 2006 30 June 2005 $ $ $ $ CURRENT ASSETS INCOME Cash and Cash Equivalents 3,931,426 4,988,592 Revenue 2(a) 2,162,091 1,751,577 Receivables 4 632,060 385,551 Government Grants 2(b) 22,974,000 18,488,052 Inventories 5 48,642 0 Sponsorship 2(c) 273,776 321,142 Prepayments 6 298,720 12,377 Other Income 2(c) 1,126,263 377,536 Other 38,349 0 TOTAL INCOME 26,536,130 20,938,307 TOTAL CURRENT ASSETS 4,949,197 5,386,520
EXPENSES NON-CURRENT ASSETS Employee Benefits Expense 2(d) (8,898,390) (9,139,525) Property, Plant and Equipment 7 13,195,941 11,867,362 Rental and Associated Outgoings Expense 2(e) (3,978,522) (3,831,070) Collections 7 9,232,200 8,830,274 Operating Costs (7,214,654) (5,351,731) Intangible Assets 8 2,031,078 2,105,687 Cost of Goods for Resale (13,515) (69,183) TOTAL NON-CURRENT ASSETS 24,459,219 22,803,323 Capital Asset Charge (1,634,000) (1,113,165) TOTAL ASSETS 29,408,416 28,189,843 Depreciation & Amortisation Expense 2(f) (4,402,941) (5,332,485)
TOTAL EXPENSES (26,142,022) (24,837,159) CURRENT LIABILITIES NET RESULT FOR THE PERIOD 394,108 (3,898,852) Payables 9 1,790,310 1,423,264
The above Operating Statement should be read in conjunction with the accompanying notes. Provisions 10 443,236 364,568 Notes to the financial statements are included on pages 71-99. TOTAL CURRENT LIABILITIES 2,233,546 1,787,832
Please note that this statement reflects all gains and losses for the reporting period, recognised and displayed in accordance with Australian Accounting Standards and the Directions of the Minister for Finance, irrespective of the amounts and timing NON-CURRENT LIABILITIES of cash flows which are set out on Page 70. Provisions 10 387,854 363,425 TOTAL NON-CURRENT LIABILITIES 387,854 363,425 TOTAL LIABILITIES 2,621,400 2,151,257 NET ASSETS 26,787,016 26,038,586
EQUITY Contributed Capital 11 (b) 28,241,185 28,241,185 Asset Revaluation Reserve 11 (a) 4,682,922 4,328,600 Accumulated Losses 11 (c) (6,137,091) (6,531,199) TOTAL EQUITY 26,787,016 26,038,586 Commitments for Expenditure 12
The above Balance Sheet should be read in conjunction with the accompanying notes. Notes to the financial statements are included on pages 71-99.
68 69 statement of recognised income and expense for the financial year ended 30 june 2006 notes to the financial statements for the financial year ended 30 june 2006
note 1: summary of accounting policies Notes 30 June 2006 30 June 2005 $ $ Statement of compliance This financial report is a general purpose financial report which has been prepared on an accrual basis in accordance with the Financial Management Act 1994, Australian Accounting Standards and Urgent Issues Group Interpretations. Accounting Asset Revaluation 11 (a) 354,322 0 Standards include Australian equivalents to International Financial Reporting Standards (‘A-IFRS’). NET INCOME RECOGNISED DIRECTLY IN EQUITY 354,322 0 The financial report was authorised for issue by L Roffey (Commercial and Planning Director - Australian Centre for the Net Result for the Period 11 (c) 394,108 (3,898,852) Moving Image) on 7 September 2006. TOTAL RECOGNISED INCOME AND EXPENSE FOR THE PERIOD 748,430 (3,898,852) Basis of preparation The financial report has been prepared on the basis of historical cost, except for the revaluation of certain non-current assets The above Statement of Recognised Income and Expense should be read in conjunction with the accompanying notes. and financial instruments. Cost is based on the fair values of the consideration given in exchange for assets. Notes to the financial statements are included on pages 71-99. In the application of A-IFRS management is required to make judgments, estimates and assumptions about carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstance, the cash flow statement for the financial year ended 30 june 2006 results of which form the basis of making the judgments. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision Notes 30 June 2006 30 June 2005 and future periods if the revision affects both current and future periods. $ $ Judgments made by Management in the application of A-IFRS that have significant effects on the financial statements and CASH FLOWS FROM OPERATING ACTIVITIES estimates with a significant risk of material adjustments in the next year are disclosed throughout the notes in the financial Receipts statements. Output Appropriations (note 2(b)) 18,629,000 17,788,052 Accounting policies are selected and applied in a manner which ensures that the resulting financial information satisfies the State - Depreciation Equivalent Funding (note 2(b)) 4,345,000 700,000 concepts of relevance and reliability, thereby ensuring that the substance of the underlying transactions or other events is reported. Interest Received 303,503 278,037 Memberships & Venue Hire 582,505 557,138 The Australian Centre for the Moving Image (ACMI) changed its accounting policies on 1 July 2005 to comply with A-IFRS. The transition to A-IFRS is accounted for in accordance with Accounting Standard AASB 1 ‘First-time Adoption of Australian Net Goods and Services Tax recovered from the ATO 1,178,268 675,520 Equivalents to International Financial Reporting Standards’, with 1 July 2004 as the date of transition. An explanation of how Other Income 2,530,250 1,507,166 the transition from superseded policies to A-IFRS has affected ACMI’s financial position, financial performance and cash flows is discussed in Note 19. Payments Salaries and Associated Costs (8,640,124) (8,611,486) The accounting policies set out below, except for those in respect of financial instruments, have been applied in preparing the financial statements for the year ended 30 June 2006, the comparative information presented in these financial statements Operations (14,244,209) (10,542,871) for the year ended 30 June 2005, and in the preparation of the opening A-IFRS balance sheet at 1 July 2004, ACMI’s date Net Cash Flows Provided by Operating Activities 17 (b) 4,684,193 2,351,556 of transition. ACMI has not restated comparative information for financial instruments as permitted under the first-time adoption transitional provisions. The accounting policies for financial instruments applicable to the comparative information and the impact of the changes in these accounting policies are discussed further in Note 1(u). CASH FLOWS FROM INVESTING ACTIVITIES (a) Reporting entity Payments for Property Plant and Equipment and Collection (5,741,359) (1,295,966) The financial statements include all the controlled activities of ACMI. ACMI has no controlled entities. Net Cash Flows Used in Investing Activities (5,741,359) (1,295,966) Administered resources ACMI does not administer or control certain resources on behalf of the Victorian Government. Net Increase/(Decrease) in Cash Held (1,057,166) 1,055,590 (b) Objectives and funding Cash and Cash equivalents at beginning of the financial year 4,988,592 3,933,002 ACMI was established under the Film Act 2001 with the objectives to promote, educate, and exhibit the moving image in all Cash and Cash equivalents at the end of the financial year 17(a) 3,931,426 4,988,592 its forms, and is predominantly funded by accrual based Parliamentary appropriations for the provision of outputs. These appropriations are received by the Department of Premier and Cabinet and on-forwarded to ACMI in the form of grants. The above statement of cash flows should be read in conjunction with the accompanying notes. Notes to the financial statements are included on pages 71-99.
70 71 note 1: summary of accounting policies (continued) note 1: summary of accounting policies (continued) (c) Goods and services tax Revenues, expenses and assets are recognised net of the amount of goods and services tax (GST), except where the amount (j) Financial assets (continued) of GST incurred is not recoverable from the Australian Taxation Office (ATO), it is recognised as part of the cost of acquisition of an asset or as part of an item of expense; or for receivables and payables which are recognised inclusive of GST. Receivables All ACMI’s debtors and other receivables are recorded at amortised cost less impairment. The net amount of GST recoverable from, or payable to, the ATO is included as part of receivables or payables. Cash flows are included in the Cash Flow Statement on a gross basis. The GST component of cash flows arising from investing and financing ACMI’s debtors were evaluated for impairment at 30 June 2006. Impairment losses are incurred only if there is objective activities which is recoverable from, or payable to, the ATO is classified as operating cash flows. evidence as a result of one or more events that occurred after initial recognition of the debtors but on or before 30 June 2006. Therefore provision for doubtful debts are not raised on initial recognition. (d) Foreign currency All foreign currency transactions during the financial year are brought to account using the exchange rate in effect at the (k) Inventories date of payment. Foreign monetary items at reporting date are translated at the exchange rate existing at reporting date. Inventories are measured on an item-by-item basis at the lower of cost and net realisable value. ACMI does not have high Non-monetary assets and liabilities carried at fair value that are denominated in foreign currencies are translated at the value low volume inventory items, therefore measurement is based on the “weighted average cost” formula. rates prevailing at the date when the fair value was determined. (l) Impairment of assets Exchange differences are recognised in profit or loss in the period in which they arise. Intangible assets with indefinite useful lives and intangible assets not yet available for use are tested annually for impairment (i.e. as to whether their carrying value exceeds their recoverable amount) and whenever there is an indication (e) Functional and presentation currency that the asset may be impaired. All other assets are assessed annually for indications of impairment, except for: The functional and presentation currency of ACMI is the Australian dollar. • inventories (refer note 1(k)); • financial assets (refer note 1(j)); (f) Revenue recognition Amounts disclosed as revenue are, where applicable, net of returns, allowances and duties and taxes. Revenue is recognised If there is an indication of impairment, the assets concerned are tested as to whether their carrying value exceeds their for each of ACMI’s major activities as follows: recoverable amount. Where an asset’s carrying value exceeds its recoverable amount, the difference is written off by a charge to the operating statement except to the extent that the write-down can be debited to an asset revaluation reserve Operational revenue amount applicable to that class of asset. Revenue from memberships, venue hire, cinema screenings, exhibition programs and other public programs is recognised when the service has been delivered. Revenue from publication sales, sub-leasing of leasehold property and the ACMI Shop The recoverable amount for most assets is measured at the higher of depreciated replacement cost and fair value less costs is recognised on a receivable basis. to sell. Recoverable amount for assets held primarily to generate net cash inflows is measured at the higher of the present value of future cash flows expected to be obtained from the asset and fair value less costs to sell. It is deemed that, in the Interest revenue event of the loss of an asset, the future economic benefits arising from the use of the asset will be replaced unless a specific Interest revenue is recognised on a time proportionate basis that takes into account the effective yield on the financial asset. decision to the contrary has been made.
(g) Income (m) Non-current physical assets Government grants are recognised when they are received. Sponsorship and other income is recognised when services are Plant and equipment are measured at cost less accumulated depreciation and impairment. AASB 116 ‘Property Plant and delivered. Equipment‘ requires the capitalisation of costs of dismantling and removing an asset and restoring the site on which the asset was created, together with the recognition of a provision at present value in accordance with AASB 137 ‘Provisions, (h) Capital asset charge Contingent Liabilities and Contingent Assets’. Whilst such costs for other plant and equipment are expected to be immaterial, The capital asset charge is imposed by the Department of Treasury and Finance and represents the opportunity cost of this requirement has raised a complex accounting issue for ACMI in relation to its Leasehold Improvements at the Federation capital invested in the non-current physical assets used in the provision of outputs. The charge is calculated on the carrying Square site and at 18 Oliver Lane, Melbourne. The leases on the Federation Square site and Oliver Lane are due to expire in amount of non-current physical assets (excluding cultural assets). 2012 and 2016 respectively, and they include further options to extend the term after the first ten years. Given that it is highly probable that ACMI will take up the option of extending the leases in view of the iconic status of the Federation Square and (i) Leases its suitability for ACMI’s activities, and Oliver Lane’s proximity to the Federation Square, a meaningful estimate of the costs Lease payments for operating leases, where substantially all the risks and benefits of ownership remain with the lessor, are of dismantling, removing and restoring the sites they occupy at the time of reporting is impracticable to be quantified. charged as expenses in the periods in which they are incurred. Cultural assets of Film, Object and Lending Collections are measured at fair value less impairment. These assets were (j) Financial assets revalued as at 30 June 2006. The valuations of the Film Collection and the Object Collection were undertaken based on market value by independent valuers approved under the Federal Government’s Cultural Gifts Program and checked by Financial assets at fair value through profit or loss Graeme Addicott (FAPI, FRICS, MPIA), Principal Valuer of Australian Valuation Officein the Federal Government, who also Cash on hand, cash in banks and investments in money market instruments, are stated at fair value, with any resultant gain revalued the Lending Collection on the basis of Depreciated Replacement Cost. or loss recognised in the profit and loss. Revaluation increments are credited directly to equity in the revaluation reserve, except that, to the extent that an increment reverses a revaluation decrement in respect of that class of asset previously recognised as an expense in the net result, the increment is recognised as income in determining the net result. Revaluation decrements are recognised immediately as expenses in the net result, except that, to the extent that a credit balance exists in the revaluation reserve in respect of the same class of assets, they are debited to the revaluation reserve. Revaluation increases and revaluation decreases relating to individual assets within a class of property, plant and equipment are offset against one another within that class but are not offset in respect of assets in different classes. 72 73 note 1: summary of accounting policies (continued) note 1: summary of accounting policies (continued)
(p) Provisions (m) Non-current physical assets (continued) Provisions are recognised when ACMI has a present obligation, the future sacrifice of economic benefits is probable, and the Revaluation reserves are not transferred to accumulated surplus on derecognition of the relevant asset. amount of the provision can be measured reliably.
Depreciation The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at Depreciation is calculated on a straight-line basis to write off the net cost or revalued amount of each item of property, plant reporting date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured and equipment over its expected useful life to ACMI. Estimates of remaining useful lives, residual values and depreciation using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows. method for all such assets are reviewed at least annually. The depreciation rates used for each class of assets were as follows: When some or all of the economic benefits required to settle a provision are expected to be recognised from a third party, the receivable is recognised as an asset if it is virtually certain that recovery will be received and the amount of the receivable 30 June 2006 30 June 2005 can be measured reliably. Class of Fixed Asset Depreciation Rate (p.a.) Depreciation Rate (p.a.) Audio Visual Equipment 25.00% 25.00% (q) Employee benefits Computers 33.33% 33.33% Provision is made for benefits accruing to employees in respect of wages and salaries, annual leave, long service leave, and Furniture and Fittings 20.00% 20.00% sick leave when it is probable that settlement will be required and they are capable of being measured reliably. Office Equipment 20.00% 20.00% All annual leave and unconditional vested long service leave representing 7 or more years of continuous service is disclosed, in accordance with AASB 101 ‘Presentation of Financial Statements’, as a current liability even where ACMI does not expect to Given the unique nature of the Collections, depreciation is not recognised as the service potential of these cultural assets settle the liability within 12 months as ACMI will not have the unconditional right to defer the settlement of the entitlement cannot be estimated reliably, however their impairment is assessed annually as at the reporting date. should an employee take leave within 12 months. This current liability is measured at nominal value, using the remuneration rate expected to apply at the time of settlement, where a component of this liability is expected to fall due within 12 months Amortisation after the end of the period; and at present value where ACMI does not expect to settle a component of this liability within 12 The cost of improvements to leasehold properties is amortised on a straight line basis over the unexpired period of the lease months. or the estimated useful life of the improvement to ACMI whichever is shorter. Long service leave representing less than 7 years of continuous service is disclosed as a non-current liability, and measured (n) Intangible assets at present value as ACMI does not expect to settle this non-current liability within 12 months. Intangible assets represent identifiable non-monetary assets without physical substance. ACMI currently has two types of intangible assets, namely, software and the Exhibition Collection, which is digital moving image collection. Superannuation Defined contribution plans Intangible assets are initially recognised at cost, and subsequent costs incurred are capitalised when it is expected that Contributions to defined contribution superannuation plans are expensed when incurred. additional future economic benefits will flow to ACMI. Defined benefit plans Software is with finite useful life and is amortised on a straight-line basis over its useful life. Amortisation begins when the The amount charged to the operating statement in respect of defined benefit plan superannuation represents the software is available for use, that is, when it is in the location and condition necessary for it to be capable of operating in contributions made by ACMI to the superannuation plan in respect to the current services of current ACMI staff. the manner intended by management. The amortisation period and methodare reviewed at least at the end of each annual Superannuation contributions are made to the plans based on the relevant rules of each plan. reporting period in addition to assessment of impairment. The depreciation rates used were as follows: ACMI does not recognise any defined benefit liability in respect of the superannuation plan because ACMI has no legal or constructive obligation to pay future benefits relating to its employees; its only obligation is to pay superannuation 30 June 2006 30 June 2005 contributions as they fall due. The Department of Treasury and Finance administers and discloses the State’s defined benefit Depreciation Rate (p.a.) Depreciation Rate (p.a.) liabilities in its financial report. Software 40.00% 40.00% (r) Resources provided and received free of charge or for nominal consideration Contributions of resources and resources provided free of charge or for nominal consideration are recognised at their fair Cultural asset of Exhibition Collection has been independently revalued as at 30 June 2006. The valuation was undertaken value. Contributions in the form of services are only recognised when a fair value can be reliably determined and the services by Graeme Addicott (FAPI, FRICS, MPIA), Principal Valuer of Australian Valuation Office in the Federal Government. The would have been purchased if not donated. assessment revealed that there was no material change to the current values applied to the Exhibition Collection. (s) Contributions by owners The Collection is with indefinite useful life and therefore not amortised, but is reviewed each reporting period to determine Consistent with UIG Interpretation 1038 ‘Contributions by Owners Made to Wholly-Owned Public Sector Entities’ whether events and circumstances continue to support an indefinite useful life assessment, in addition to assessment of appropriations for additions to net assets have been designated as contributions by owners. Other transfers that are in the impairment. nature of contributions or distributions are also designated as contributions by owners.
(o) Payables (t) Rounding of amounts Payables are recognised when ACMI becomes obliged to make future payments resulting from the purchase of goods and Amounts in the financial report have been rounded to the nearest dollar. services.
74 75 note 1: summary of accounting policies (continued) note 2: net result from operations
(u) Comparative information - financial instruments ACMI has elected not to restate comparative information for financial instruments within the scope of AASB 132 ‘Financial 2006 2005 Instruments: Disclosure and Presentation’ were applied and AASB 139 ‘Financial Instruments: Recognition and Measurement’, $ $ as permitted on the first-time adoption of A-IFRS.
The accounting policies applied to accounting for financial instruments in the current financial year are detailed in notes 1(j) (a) Revenue and 1(o). The following accounting policies were applied to accounting for financial instruments in the comparative financial year: Interest from Financial Institutions 303,503 278,037 Memberships 176,131 184,939 (i) Payables Payables represent liabilities for goods and services provided to ACMI prior to the end of the financial year and which are Venue Hire 488,118 433,383 unpaid. The amounts are unsecured and are usually paid within 30 days of recognition. Programming - Screenings, Lectures & Events 1,050,262 617,086
(ii) Other financial assets – Investments: Publication Sales 58,048 25,131 Investments in short termed money market bank bills are recognised at cost and interest income is recognised as Rental Revenue 57,834 161,217 revenue when receivable. ACMI Shop 28,195 51,784 (iii) Receivables 2,162,091 1,751,577 All debtors are recognised at the amounts receivable as they are due for settlement at no more than 30 days from the date of recognition.Collectability of debtors is reviewed on an ongoing basis. Debts which are known to be uncollectible are written off. A provision for doubtful debts is raised when some doubt as to collection exists. (b) Income from Government
Effect of changing the accounting policies for financial instruments Output Appropriations: There is no effect of changes in the accounting policies for financial instruments on the balance sheet as at 1 July 2005. State Output Funding - Department of Premier and Cabinet 16,995,000 16,674,887
(v) AASB Accounting Standards not yet effective State - Capital Asset Charge 1,634,000 1,113,165 ACMI has adopted all new Accounting Standards that apply to the entity in 2005-2006. ACMI has reviewed all Accounting 18,629,000 17,788,052 Standards that apply after 30 June 2006 and has determined that these standards are not expected to have a material impact on the financial position and results of the entity in the period of initial application. However, a number of these Accounting Standards contain disclosure requirements in addition to those currently required. Therefore, application of some State - Depreciation Equivalent Funding 4,345,000 700,000 of these Accounting Standards will result in additional disclosures being made in the financial report. 22,974,000 18,488,052
(c) Other Income Sponsorship Income 273,776 321,142 Project In-Kind Revenue 125,819 174,551 Grants & Project Funding 904,257 248,041 Gain/(loss) on disposal of property, plant and equipment (7,186) (208,687) Other Income 103,373 163,631 1,400,039 698,678
76 77 note 2: net result from operations (continued) note 3: remuneration of auditors
2006 2005 2006 2005
$ $ $ $
Victorian Auditor General's Office (d) Employee Benefits Expense Audit or review of the financial report 24,090 23,430 Post Employment Benefits: Other non-audit services 0 0 Defined Contribution Plans (601,895) (592,241) 24,090 23,430 Defined Benefits Expense (15,572) (21,605) (617,467) (613,846)
Termination Benefits (155,169) (231,780) note 4: receivables Other Employee Benefits (8,125,754) (8,293,899)
(8,898,390) (9,139,525) 2006 2005 $ $ (e) Rental and Associated Outgoings on Operating Leases
Minimum lease payments (2,486,867) (2,417,765) Current Equipment Rental 0 (8,920) Trade Debtors (i) 264,492 232,822 Outgoings 1,491,655 1,404,385 Allowance for Doubtful Debts (i) (9,225) (18,397) 3,978,522 3,831,070 255,267 214,425
(f) Depreciation and Amortisation Expense GST Receivable 337,345 159,008 Depreciation Interest Receivable 9,448 12,118 Audio Visual Equipment (1,685,352) (1,710,797) Other Receivables 30,000 0 Computer Equipment (1,180,863) (2,289,350) 376,793 171,126 Office Equipment (53,697) (62,833) 632,060 385,551 Furniture and Fittings (47,638) (41,648) (i) The average credit period on sales of goods is 30 days. An allowance has been made for estimated irrecoverable amounts Lending Collection (1,397) (48,596) from the sale of goods, determined by reference to past default experience. The movement in the allowance, of $9.172 thousand was recognised in the operating result for the current financial year. (2,968,947) (4,153,224)
Amortisation Leasehold Improvements (1,309,370) (1,040,288) Software (124,624) (138,973) (1,433,994) (1,179,261) (4,402,941) (5,332,485)
Revision of accounting estimates Revision of accounting estimates is not required in the current financial year following a reassessment of the useful life of non-current asset items.
78 79 note 5: current inventories note 7: property, plant, equipment and collections
2006 2005 2006 2005 $ $ $ $
Current: PLANT AND EQUIPMENT ACMI Shop Stock on Hand 48,642 0
48,642 0 Audio Visual Equipment At Cost 7,969,935 7,699,128 Less Accumulated Depreciation (6,864,558) (5,179,974) note 6: other assets 1,105,377 2,519,154
2006 2005 Computer Equipment $ $ At Cost 7,881,757 7,945,118 Less Accumulated Depreciation (7,404,695) (6,481,670) Current: 477,062 1,463,448 Prepayments 298,720 12,377 298,720 12,377 Furniture and Fittings At Cost 475,060 256,344 Less Accumulated Depreciation (192,865) (147,033) 282,195 109,311
Office Equipment At Cost 361,414 359,825 Less Accumulated Depreciation (282,553) (230,596) 78,861 129,229
Leasehold Improvements At Cost 15,550,482 10,635,169 Less Accumulated Amortisation (4,298,036) (2,988,949) 11,252,446 7,646,220 TOTAL PLANT AND EQUIPMENT 13,195,941 11,867,362
80 81 note 7: property, plant, equipment and collections (continued) note 7: property, plant, equipment and collections (continued)
2006 2005 2006 2005 $ $ $ $
COLLECTIONS Aggregate depreciation allocated, whether recognised as an expense capitalised as part of the carrying amount of other assets during the year. Film Collection At Fair Value (2006 Independent Valuation) 8,949,225 8,828,600 Plant and Equipment (4,276,920) (5,144,916) Collections (1,396) (48,596) Lending Collection (4,278,316) (5,193,512)
At Fair Value (2006 Independent Valuation) 225,000 1,674 Collections carried at fair value An independent valuation of ACMI’s collections was performed by valuers approved under the Cultural Gifts Program and Australian Valuation Office to determine the fair value of the collections as discussed in note 1(n) and 1(m). The valuation, Object Collection which conforms to Australian Valuation Standards, was determined by reference to the amounts for which assets could be At Fair Value (2006 Independent Valuation) 57,975 0 exchanged between knowledgeable willing parties in an arm’s length transaction, or based on depreciated replacement cost. The valuation was based on independent assessments. The effective date of the valuation is 30 June 2006.
TOTAL COLLECTIONS 9,232,200 8,830,274
note 8: intangible assets
2006 2005 Audio Visual Computer Furniture & Office Leasehold Lending Film Object $ $ Equipment Equipment Fittings Equipment Improvements Collection Collection Collection Total $ $ $ $ $ $ $ $ $ INTANGIBLE ASSETS Carrying amount Balance at 1 July 2004 3,877,372 3,240,773 138,959 183,028 8,723,579 50,270 8,828,600 0 25,042,581 Exhibition Collection Additions 352,579 513,737 12,000 9,895 169,043 0 0 0 1,057,254 At Fair Value (2006 Independent Valuation - note 1(m)) 1,912,176 1,868,472 Disposals 0 (1,712) 0 (861) (206,114) 0 0 0 (208,687) Net revaluation increments / decrements 0 0 0 0 0 0 0 0 0 Software Depreciation expense (1,710,797) (2,289,350) (41,648) (62,833) (1,040,288) (48,596) 0 0 (5,193,512) At Cost 520,174 513,863 Balance at 1 July 2005 2,519,154 1,463,448 109,311 129,229 7,646,220 1,674 8,828,600 0 20,697,636 Less Accumulated Amortisation (401,272) (276,648) Additions 272,542 230,905 220,523 3,941 4,925,751 0 0 49,000 5,702,662 118,902 237,215 Disposals / Adjustments (967) (36,428) (1) (612) (10,155) 0 0 0 (48,163) TOTAL INTANGIBLE ASSETS 2,031,078 2,105,687 Net revaluation increments / decrements 0 0 0 0 0 224,722 120,625 8,975 354,322 Depreciation expense (1,685,352) (1,180,863) (47,638) (53,697) (1,309,370) (1,396) 0 0 (4,278,316) Balance at 30 June 2006 1,105,377 477,062 282,195 78,861 11,252,446 225,000 8,949,225 57,975 22,428,141
82 83 note 8: intangible assets (continued) note 9: payables
Exhibition 2006 2005 Software Collection Total $ $ $ $ $
Current Gross carrying amount Trade Creditors (i) 1,002,059 849,245 Balance at 1 July 2004 316,748 1,826,875 2,143,623 Unearned Revenue 0 23,020 Additions 197,115 41,597 238,712 Accrued Expenses 719,070 501,538 Disposals 0 0 0 Customer Deposits 25,693 20,434 Net revaluation increments / decrements 0 0 0 Other 43,488 29,027 Balance at 1 July 2005 513,863 1,868,472 2,382,335 1,790,310 1,423,264 Additions 6,311 43,704 50,015 (i) The average credit period is 30 days. No interest is charged on the payables from the date of the invoice. Disposals 0 0 0 Net revaluation increments / decrements 0 0 0 note 10: provisions Balance at 30 June 2006 520,174 1,912,176 2,432,350 2006 2005
Accumulated amortisation $ $ Balance at 1 July 2004 (137,675) 0 (137,675) Amortisation expense (138,973) 0 (138,973) Current Balance at 1 July 2005 (276,648) 0 (276,648) Employee Benefits (note 10A) 443,236 364,568 Amortisation expense (124,624) 0 (124,624) 443,236 364,568 Balance at 30 June 2006 (401,272) 0 (401,272) Non-Current Employee Benefits (note 10A) 387,854 363,425
Net book value 387,854 363,425 As at 30 June 2005 237,215 1,868,472 2,105,687 As at 30 June 2006 118,902 1,912,176 2,031,078 note 10a: employee entitlements
Significant Intangible Assets ACMI has a cultural asset, Exhibition Collection, which is a digital moving image collection and was revalued at 30 June 2006. 2006 2005 The collection has an indefinite useful life and is therefore not amortised, but is reviewed each reporting period to determine $ $ whether events and circumstances continue to support this assessment, in addition to the assessment of impairment. Current All annual leave and LSL entitlements representing 7+ years of continuous service - Short-term employee benefits, that fall due within 12 months after the end of the period measured at nominal value 400,141 324,187 - Other long-term employee benefits that do not fall due within 12 months after the end of the period measured at present value 43,095 40,381
443,236 364,568
Non-Current LSL representing less than 7 years of continuous service measured at present value 387,854 363,425
84 85 note 11: equity and movements in equity note 12: commitments for expenditure
Commitments 2006 2005 Capital and other commitments predominantly relate to Federation Square building alterations and future contracted exhibitions. $ $
2006 2005 (a) Reserves $ $ Asset Revaluation 4,682,922 4,328,600 4,682,922 4,328,600 (a) Capital Expenditure Commitments Not later than one year 287,236 225,294 Asset Revaluation Reserve: Later than one year but not later than five years 0 0 Balance at the beginning of the financial year 4,328,600 4,328,600 Later than five years 0 0 Revaluation increments/(decrements) (note 7) 354,322 0 287,236 225,294 Balance at end of financial year 4,682,922 4,328,600 (b) Other Commitments Not Longer than 1 year 88,497 693,452 (b) Contribution by owners Longer than 1 year and not longer than 5 years 0 83,463 Balance at the beginning of financial year 28,241,185 28,241,185 Longer than 5 years 0 0 Balance at end of financial year 28,241,185 28,241,185 88,497 776,915
(c) Accumulated Surplus Balance at the beginning of the financial year (6,531,199) (2,632,347) note 13: leases Adjustments on adoption of AASB 132 and AASB 139 (note 1 (u)) 0 0 Leasing arrangements Restated balance at beginning of financial year (6,531,199) (2,632,347) Operating leases relate to the rental of premises, computer equipment and cleaning arrangements with lease terms of Net Result 394,108 (3,898,852) between 3 to 10 years, with an option to extend. All operating lease contracts contain market review clauses in the event that ACMI exercises its option to renew. ACMI does not have an option to purchase the leased assets at the expiry of the Other appropriations 0 0 lease period. Balance at end of financial year (6,137,091) (6,531,199) 2006 2005 $ $
(b) Operating Lease Commitments Not Longer than 1 year 2,786,060 2,666,902 Longer than 1 year and not longer than 5 years 14,226,374 12,336,971 Longer than 5 years 2,547,936 2,948,147 19,560,370 17,952,020
86 87 note 14: responsible persons note 14: responsible persons (continued)
In accordance with the Ministerial directions issued by the Minister for Finance under the Financial Management Act 1994, Related Party Transactions included in the reconciliation amount: the following disclosures are made regarding responsible persons for the reporting period. Payments to Related Parties Names The persons who held the positions of Minister and Accountable Officers in the Department of Premier and Cabinet are as 30 June 2006 30 June 2005 follows: Entity Transaction details $ $ Responsible Minister The Honourable Mary Delahunty MLA 1 July 2005 to 30 June 2006 Accountable Officer Antony Sweeney, Chief Executive Officer 1 July 2005 to 30 June 2006 Australasian CRC for Interaction Design In-kind support 188,519 174,550 Governing Board (Terry Cutler) Dr Zygmunt Switkowski (President), appointed to the governing body on 1 January 2006. Mr Peter Doughty Ms Annette Blonski Buena Vista International Film hire 3,124 2,368 Mr Dan Pearce Ms Natalie Miller OAM (Alan Finney) Mr Dion Appel Mr Tony Phillips Ms Carolyn Kirby Bytecraft Entertainment Pty Ltd Electrical supplies 14,421 2,277 (Stephen Found) Resignations For the reporting period ending 30 June 2006: Mr Alan Finney OAM, resigned from the governing body on 5 May 2006 BDO Partners Pty Ltd Taxation Services 4,840 0 Dr Terry Cutler, resigned from the governing body on 31 December 2005 Mr Stephen Found, resigned from the governing body on 21 October 2005 (Peter Doughty) Ms Tracy Ellery, resigned from the governing body on 30 December 2005
Remuneration Holding Redlich Legal Fees 315,915 143,368 Remuneration received or receivable by the Accountable Officer in connection with the management of ACMI during the (Dan Pearce) reporting period was in the range:
Total Remuneration of Responsible Persons 2006 2005* Melbourne International Film Festival Tickets & promotional items 765 0 No. No. (Dan Pearce) Box Office Reimbursement 21,644 0 Income Band $10,000 - 19,999 0 1 Sharmill Films Film hire 936 1,795 $60,000 - 69,999 0 1 (Natalie Miller) $120,000 - 129,999 0 1 $240,000 - 249,999 1 0 Total 550,164 324,358 Total numbers 1 3
* Mr Shane Hewitt (Acting Chief Executive Officer) - for the period 1 July 2004 to 31 July 2004 Mr Tony Chamberlain (Acting Chief Executive Officer) - for the period 23 August 2004 to 5 December 2004 Mr Antony Sweeney (Chief Executive Officer) - appointed 6 December 2004
88 89 note 14: responsible persons (continued) note 16: ex-gratia payments
Receipts from Related Parties EX-gratia payments were granted to an employee on termination of employment.
30 June 2006 30 June 2005 2006 2005 Entity Transaction details $ $ $ $
Australasian CRC for Interaction Design Purchase of tickets & in-kind support 188,519 174,550 ACMI has made the following ex-gratia payments: (Terry Cutler) Project Fees 4,266 1,650 Ex-gratia payments 45,000 0
Buena Vista International Purchase of festival tickets 322 220 note 17: notes to cash flow statement (Alan Finney) Venue Hire
2006 2005 Melbourne International Film Festival Venue Hire 36,300 165 $ $ (Dan Pearce)
(a) Reconciliation of cash Western Chances Digital Story telling funding 10,000 0 For the purposes of the Cash Flow Statement, cash includes cash on hand (Carolyn Kirby) and in banks and investments in money market instruments. Cash at the end of the financial year as shown in the Cash Flow Statement Total 239,407 176,585 is reconciled to the related items in the balance sheet as follows: Cash 3,931,426 4,988,592 The above transactions with related parties were carried on under normal commercial terms with full disclosure of any Bank Overdraft 0 0 conflicts of interest following due process. 3,931,426 4,988,592 Amounts relating to Ministers are reported in the financial statements of the Department of Premier and Cabinet.
(b) Reconciliation of net result for the period to net cash flows from operating note 15: remuneration of executives Net result for the period 394,108 (3,898,852) (Gain)/Loss on sale or disposal of non-current assets 36,844 208,687 The number of executive officers, other than Ministers and Accountable Officers, and their total remuneration during the Depreciation and amortisation of non-current assets 4,402,941 5,332,485 reporting period are shown in the first two columns in the table below in their relevant income bands. Changes in net assets and liabilities: Income Band Total Remuneration Base Remuneration (Increase)/decrease in assets: 2006 2005 2006 2005 Current receivables (75,998) 16,569 No. No. No. No. Current inventories (48,642) 72,194 Other current assets (495,203) 3,950 $120,000 - 129,999 1 0 1 0 Increase/(decrease) in liabilities: Total Numbers 1 0 1 0 Current payables 367,046 320,263 Current provisions 103,097 296,260 Other current liabilities 0 0 Net cash from operating activities 4,684,193 2,351,556
90 91 note 18: financial instruments note 18: financial instruments (continued)
(a) Financial Risk Management Objectives ACMI’s activities expose it primarily to the financial risks in changes in foreign currency exchange rates and interest rates. Financial Instruments Weighted ACMI does not enter into derivative financial instruments to manage its exposure to interest rate and foreign currency risk. Average At the Floating Non-Interest Total carrying amount Effective Interest Rate Bearing as per Balance Sheet ACMI does not enter into or trade financial instruments, including derivative financial instruments, for speculative purposes. Interest Rate % 30 June 2006 30 June 2006 30 June 2006 The use of financial derivatives is governed by the ACMI’s policies approved by the board, which provide written principles on the use of financial derivatives. (i) Financial Assets The policies for managing this risk are discussed in more details below. Cash 5.42% 943,879 4,300 948,179 (b) Significant Accounting Policies Receivables 0 0 930,781 930,781 Details of the significant accounting policies and methods adopted, including the criteria for recognition, the basis of Investments 5.56% 2,983,246 0 2,983,246 measurement and the basis on which income and expenses are recognised, in respect of each class of financial asset, financial liability and equity instruments are disclosed in note 1 to the financial statements. Total Financial Assets 3,927,125 935,081 4,862,206
(c) Interest Rate Risk ACMI’s exposure to interest rate risks and the effective interest rate risks of financial assets and financial liabilities, both (ii) Financial Liabilities recognised and unrecognised at reporting date are as follows: Creditors 0 0 1,790,310 1,790,310 Total Financial Liabilities 0 1,790,310 1,790,310
Financial Instruments Weighted Average At the Floating Non-Interest Total carrying amount Effective Interest Rate Bearing as per Balance Sheet Interest Rate % 30 June 2005 30 June 2005 30 June 2005
(i) Financial Assets Cash 5.24% 1,006,287 4,000 1,010,287 Receivables 0 0 373,433 373,433 Investments 5.34% 3,978,305 12,118 3,990,423 Total Financial Assets 4,984,592 389,551 5,374,143
(ii) Financial Liabilities Creditors 0 0 901,292 901,291 Total Financial Liabilities 0 901,292 901,291
92 93 note 18: financial instruments (continued) note 19: impacts of the adoption of australian equivalents to international financial reporting standards (d) Credit Risk The Board’s maximum exposure to credit risk at balance date in relation to each class of recognised financial asset is the ACMI changed its accounting policies, other than its accounting policies for financial instruments, on 1 July 2004 to comply carrying amount of thoseassets as indicated in the Balance Sheet. with A-IFRS. The transition to A-IFRS is accounted for in accordance with Accounting Standard AASB 1 ‘First-time Adoption of Australian Equivalents to International Financial Reporting Standards’, with 1 July 2004 as the date of transition. ACMI Credit risk associated with trade receivables is managed as follows: changed its accounting policies for financial instruments effective from 1 July 2005 (refer note 1(u)). - By advancing credit under payment terms of 30 days; - Debt collection policies and procedures. An explanation of how the transition from superseded policies to A-IFRS has affected the ACMI’s financial position, financial performance and cash flows is set out in the following tables and the notes that accompany the tables. (e) Credit Card Facility ACMI uses Westpac Visa Card facilities. Amount of Facility $200,000 Effect of A-IFRS on the Operating Statement as at 1 July 2004 Currency: AUD Amount of Facility unused as at 30 June 2006 was $200,000.
(f) Fair Value Effect of Unless otherwise stated, each class of financial asset and financial liability is recognised in the Balance Sheet at net fair Superseded transition value. The aggregate net fair value of financial assets and financial liabilities, both recognised and unrecognised, at balance Policies * to A-IFRS A-IFRS date, are as follows: Note $ $ $ INCOME Total carrying amount Total carrying amount Revenue (b) 618,772 1,083,921 1,702,693 and aggregate net fair and aggregate net fair value as recognised value as recognised Output Appropriations 17,259,762 0 17,259,762 in the Balance Sheet in the Balance Sheet State - Depreciation Equivalent Funding 532,000 0 532,000 30 June 2006 30 June 2005 Sponsorship 402,651 0 402,651 Other Income (b) 1,953,094 (1,083,921) 869,173 (i) Financial Assets TOTAL INCOME 20,766,279 0 20,766,279 Cash 948,179 1,010,287 Receivables 930,781 373,433 EXPENSE Investments 2,983,246 3,990,423 Employee Benefits Expense (9,644,582) 0 (9,644,582) Total Financial Assets 4,862,206 5,374,143 Rental and Associated Outgoings Expense (3,551,988) 0 (3,551,988) Operating Costs (4,655,297) 0 (4,655,297) (ii) Financial Liabilities Cost of Goods for Resale (186,538) 0 (186,538) Creditors 1,790,310 901,291 Capital Asset Charge (1,416,534) 0 (1,416,534) Total Financial Liabilities 1,790,310 901,291 Depreciation & Amortisation Expense (5,390,438) 0 (5,390,438) TOTAL EXPENSES (24,845,377) 0 (24,845,377) The following methods and assumptions are used to determine the net fair values of financial assets and financial liabilities: NET RESULT FOR THE PERIOD (4,079,098) 0 (4,079,098)
Recognised Financial Instruments *Reported financial results for the year ended 30 June 2004. Cash and Investments: The carrying amount approximates fair value because of their short term maturity. Receivables and Payables: The carrying amount approximates fair value.
94 95 note 19: impacts of the adoption of australian equivalents to international financial reporting standards (continued) note 19: impacts of the adoption of australian equivalents to international Effect of A-IFRS on the balance sheet as at 1 July 2004 financial reporting standards (continued)
Effect of A-IFRS on the Operating Statement as at 1 July 2005 Effect of Superseded transition to Policies* A-IFRS A-IFRS Effect of Note $ $ $ Superseded transition Policies * to A-IFRS A-IFRS Note $ $ $ CURRENT ASSETS INCOME Cash and Cash equivalents 3,933,002 0 3,933,002 Revenue (b) 329,821 1,421,756 1,751,577 Receivables 402,120 0 402.120 Output Appropriations 17,788,052 0 17,788,052 Inventories 72,194 0 72,194 State - Depreciation Equivalent Funding 700,000 0 700,000 Other 16,327 0 16,327 Sponsorship 321,142 0 321,142 TOTAL CURRENT ASSETS 4,423,643 0 4,423,643 Other Income (b) 2,007,979 (1,630,443) 377,536 TOTAL INCOME 21,146,994 (208,687) 20,938,307 NON-CURRENT ASSETS Property, Plant and Equipment (a) 16,342,784 (179,073) 16,163,711 EXPENSE Collections (a) 10,705,745 (1,826,875) 8,878,870 Employee Benefits Expense (8,907,746) (231,780) (9,139,526) Intangible Assets (a) 0 2,005,948 2,005,948 Rental and Associated Outgoings Expense (3,831,070) 0 (3,831,070) TOTAL NON-CURRENT ASSETS 27,048,529 0 27,048,529 Operating Costs (5,792,197) 440,467 (5,351,730) TOTAL ASSETS 31,472,172 0 31,472,172 Cost of Goods for Resale (69,183) 0 (69,183) Capital Asset Charge (1,113,165) 0 (1,113,165) CURRENT LIABILITIES Depreciation & Amortisation Expense (5,332,485) 0 (5,332,485) Payables 1,103,001 0 1,103,001 TOTAL EXPENSES (25,045,846) 208,687 (24,837,159) Provisions 322,730 0 322,730 NET RESULT FOR THE PERIOD (3,898,852) 0 (3,898,852) TOTAL CURRENT LIABILITIES 1,425,731 0 1,425,731 *Reported financial results for the year ended 30 June 2005.
NON-CURRENT LIABILITIES Provisions 109,003 0 109,003 TOTAL NON-CURRENT LIABILITIES 109,003 0 109,003 TOTAL LIABILITIES 1,534,734 0 1,534,734 NET ASSETS 29,937,438 0 29,937,438
EQUITY Contributed Capital 28,241,185 0 28,241,185 Asset Revaluation Reserve 4,328,600 0 4,328,600 Accumulated Losses (2,632,347) 0 (2,632,347) TOTAL EQUITY 29,937,438 0 29,937,438
* Reported financial position for the financial year ended 30 June 2004. 96 97 note 19: impacts of the adoption of australian equivalents to international note 19: impacts of the adoption of australian equivalents to international financial reporting standards (continued) financial reporting standards (continued)
Effect of A-IFRS on the balance sheet as at 30 June 2005 Effect of A-IFRS on the Cash Flow Statement for the financial year ended 30 June 2005 There are no material differences between the Cash Flow Statement presented under A-IFRS and the Statement of Cash Flows presented under the superseded policies.
Effect of Notes to the reconciliations of income and equity Superseded transition Policies * to A-IFRS A-IFRS (a) Property, plant, equipment, collections and intangible assets Note $ $ $ Software of $179,073 and Exhibition Collection of $1,826,875 were reclassified from property, plant and equipment and collections to intangible assets on the date of transition in accordance with AASB 138 ‘Intangible Assets’ under A-IFRS with CURRENT ASSETS no effect on the Asset Revaluation Reserve. Cash and Cash equivalents 4,988,592 0 4,988,592 (b) Revenue Receivables 385,551 0 385,551 Under superseded policies, ACMI recognised appropriations from Government and lounge bar sales of $27,323 as revenue. Inventories 0 0 0 Under A-IFRS the amounts are classified as income. Accordingly they have been reclassified in the operating statement from revenue to income. Prepayments 12,377 0 12,377 TOTAL CURRENT ASSETS 5,386,520 0 5,386,520 Under superseded policies, ACMI recognised a total of $1,111,244 as other income. Under A-IFRS the amount is classified as revenue. Accordingly it has been reclassified in the operating statement from other income to revenue.
NON-CURRENT ASSETS In addition, any gain or loss on disposal of property, plant and equipment was recognised by ACMI on a ‘gross’ basis by recognising as revenue and expenses, the proceeds from sale, and the carrying amount of the property, plant and equipment Property, Plant and Equipment (a) 12,104,577 (237,215) 11,867,362 disposed. Under A-IFRS, the gain or losses on disposal is recognised on a ‘net basis’ and classified as income, rather than Collections (a) 10,698,746 (1,868,472) 8,830,274 revenue. Accordingly, the ‘gross’ amounts have been adjusted out of the operating statement for A-IFRS reporting purposes. Intangible Assets (a) 0 2,105,687 2,105,687 TOTAL NON-CURRENT ASSETS 22,803,323 0 22,803,323 TOTAL ASSETS 28,189,843 0 28,189,843
CURRENT LIABILITIES Payables 1,423,264 0 1,423,264 Provisions 364,568 0 364,568 TOTAL CURRENT LIABILITIES 1,787,832 0 1,787,832
NON-CURRENT LIABILITIES Provisions 363,425 0 363,425 TOTAL NON-CURRENT LIABILITIES 363,425 0 363,425 TOTAL LIABILITIES 2,151,257 0 2,151,257 NET ASSETS 26,038,586 0 26,038,586
EQUITY Contributed Capital 28,241,185 0 28,241,185 Asset Revaluation Reserve 4,328,600 0 4,328,600 Accumulated Losses (6,531,199) 0 (6,531,199) TOTAL EQUITY 26,038,586 0 26,038,586 * Reported financial position for the financial year ended 30 June 2005.
98 99 100 101 Image Credits (listed from centre circle outwards) Page 34 Detail from Memory Grid pod Memory Grid exhibition space Cover Belle de Jour from Focus on Catherine Deneuve (Thursday 20 October – Sunday 30 October 2005) Detail from Black on Black, White on White by Jonathan Duckworth from White Noise Gypsy and the Gentleman from Focus on Gypsies (Thursday 8 June - Sunday 18 June 2006) (Thursday 18 August - Sunday 23 October 2005) Memoirs of a Geisha from Focus on Dion Beebe (Thursday 18 May - Monday 29 May 2006) Digital Storytelling project from the Memory Grid Dofus from Best of the Independent Games Festival 2006 (Wednesday 2 August - Sunday 19 November 2006) Digital Storytelling project from the Memory Grid 2001: A Space Odyssey from Stanley Kubrick: Inside the mind of a visionary filmmaker MAP Project promotional trailer (Friday 25 November 2005 - Sunday 29 January 2006) © Warner Bros. Entertainment Inc Digital Storytelling project from Memory Grid Buzz Aldrin - Moon Landing from TV50 (Thursday 22 June - Sunday 1 October) Courtesy NASA MAP Project promotional trailer The Shining from Stanley Kubrick: Inside the Mind of a Visionary Filmmaker (© Warner Bros. Entertainment Inc.) Friday 25 November 2005 - Sunday 29 January 2006 Page 43 Instant Asia! by Brian Gothong Tan from 2006: Contemporary Commonwealth (Friday 24 February - Sunday 21 May 2006) Evidence from TV50 (Thursday 22 June - Sunday 1 October) ACMI visitor in spectra II by Ryoji Ikeda from White Noise (Thursday 18 August - Sunday 23 October 2005) NEC TV wall from TV50 (Thursday 22 June - Sunday 1 October) Photography Christian Capurro Memory Grid exhibition space About to Forget by Berni Searle from White Noise (Thursday 18 August - Sunday 23 October 2005) Dr. Strangelove... from Stanley Kubrick: Inside the mind of a visionary filmmaker Made in Ghana by Mawuli Afatsiawo from 2006: Contemporary Commonwealth (Friday 24 February - Sunday 21 May 2006) (Friday 25 November 2005 - Sunday 29 January 2006) © Columbia Pictures Industries Inc Instant Asia! by Brian Gothong Tan from 2006: Contemporary Commonwealth (Friday 24 February - Sunday 21 May 2006) ACMI visitor in data.spectra by Ryoji Ikeda from White Noise Night Cries from Great Australian Cinema at ACMI Cinemas (March 2006) (Thursday 18 August - Sunday 23 October 2005) Photography Christian Capurro Me, You & Everyone We Know from Conversation with Miranda July at ACMI Cinemas (Monday 17 October 2005) ACMI visitor in data.spectra by Ryoji Ikeda from White Noise (Thursday 18 August - Sunday 23 October 2005) Pages 4-6 Composite of images listed below Photography Christian Capurro Page 11 Composite of images listed below Page 49 Exterior of ACMI from as seen from Flinders Street Page 13 The Shining from Stanley Kubrick: Inside the mind of a visionary filmmaker ACMI Cinemas promotional photography (Friday 25 November 2005 - Sunday 29 January 2006) © Warner Bros. Entertainment Inc. ACMI Shop Weeping Camel from Seniors Cinema at ACMI Cinemas (September 2005) ACMI atrium Ask Me I’m Positive from Real Life on Film (Saturday 11 February - Tuesday 21 February 2006) Memory Grid Metropolis from Next Wave at ACMI (Thursday 23 March - Sunday 26 March 2006) Visitors at Stanley Kubrick: Inside the mind of a visionary filmmaker (Friday 25 November 2005 - Sunday 29 January 2006) Look Both Ways from Seniors Cinema at ACMI Cinemas (January 2006) ACMI Cinemas Love in a Time of Sickness from Real Life on Film (Saturday 11 February - Tuesday 21 February 2006) ACMI exterior Collateral from Focus on Dion Beebe 2001: A Space Odyssey from Stanley Kubrick: Inside the mind of a visionary filmmaker Page 67 Metropolis from Next Wave at ACMI (March Thurs 23 - Sun 26 2006) (Courtesy Stanley Kubrick Estate) Friday 25 November 2005 - Sunday 29 January 2006 Dr. Strangelove... from Stanley Kubrick: Inside the mind of a visionary filmmaker
(Friday 25 November 2005 - Sunday 29 January 2006) © Columbia Pictures Industries Inc Page 23 Bert Newton publicity still from TV50 (Thursday 22 June - Sunday 1 October) Courtesy Bob Phillips Collection Stanley Kubrick: Inside the mind of a visionary filmmaker Bob Phillips Collection aquisition (Friday 25 November 2005 - Sunday 29 January 2006) Courtesy Stanley Kubrick Estate NEC TV wall from TV50 (Thursday 22 June - Sunday 1 October) Inventos: Hop Hop in Cubano Melbourne Latin American Film Festival (Thursday 23 February - Monday 27 February 2006) Fast Forward from TV50 (Thursday 22 June - Sunday 1 October) Courtesy Bob Phillips Collection Kung Fu Hustle from Seniors Film Festival 2006 (Monday 6 March - Thursday 9 March) Dr Who from Lounge Critic What I Have Written from Focus on Dion Beebe (Thursday 18 May - Monday 29 May 2006) Evidence by Fabrica from TV50 (Thursday 22 June - Sunday 1 October) Gattaca from Watching Privacy at ACMI Cinemas (Saturday 27 August 2005) Neighbours from TV50 (Thursday 22 June - Sunday 1 October) Courtesy Newspix/AFP Spartacus from Stanley Kubrick: Inside the mind of a visionary filmmaker Buzz Aldrin Moon Landing from TV50 (Thursday 22 June - Sunday 1 October) Courtesy NASA (Friday 25 November 2005 - Sunday 29 January 2006) Courtesy Stanley Kubrick Estate
Page 29 Sonic 3d Flickies Island SEGA Game Cover from Sonic the Hedgehog (Wednesday 22 June - Sunday 2 October 2005) Dofus from Best of the Independent Games Festival 2006 (Wednesday 2 August - Sunday 19 November 2006) Gish from Best of the Independent Games Festival (Wednesday 12 Oct - Sunday 11 December 2005) Free Play 2005 Next Wave Independent Game Developers Conference (Friday 15 July - Sunday 17 July 2005) N from Best of the Independent Games Festival (Wednesday 12 Oct - Sunday 11 December 2005) Alien Hominid Best of the Independent Games Festival (Wednesday 12 Oct - Sunday 11 December 2005) Dofus Best of the Independent Games Festival 2006 (Wednesday 2 August - Sunday 19 November 2006)
102 103 Australian Centre for the Moving Image Federation Square Flinders Street Melbourne Phone 61 3 8663 2200 Fax 61 3 8663 2498
Email [email protected] Web www.acmi.net.au
Mail PO Box 14 Flinders Lane Victoria 8009 Australia
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